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Russia seeks legal framework for selling seized Bitcoin from criminal activity – TON BOT

Russia seeks legal framework for selling seized Bitcoin from criminal activity

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Russia is working on creating a legal structure to sell confiscated Bitcoin for government revenue. The Federal Bailiff Service is leading efforts to convert seized crypto into state income, starting with a high-profile case involving a former official caught in a crypto bribery scandal. Discussions are ongoing to determine the legal process for selling seized Bitcoin. Meanwhile, the US is establishing a strategic Bitcoin reserve, but Russia is cautious and has no plans to add cryptocurrencies to its national reserves due to their volatility.

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